its position on the coming fork. Bittrex has finally decided to delist BTG from its exchange platform, while receiving approval from several Reddit users. The largest Bitcoin Gold markets were HitBTC with.1 million forex hedging strategies (nearly 24 share) and Bithumb with.8 million (20.9 share). It was reported that hijackers had managed to amass 18 million from several exchanges, Bittrex being one of them.
Statement on Bitcoin Gold BTG Bittrex Support
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Bittrex Claims Compensation, although Bittrex didnt disclose the amount lost as part of BTG attack, they requested a refund of more than 12,000 BTG worth 255,000, as part of the compensation from Bitcoin Gold team. Per the statement, Bittrex will perform a wallet snapshot at the time of the hard fork, which will occur at block 491,407. In June, BTG implemented a new proof-of-work (PoW) algorithm with the aim to stop the double-spend attack and to prevent asic miners to gain 51 control of the mining pool. Additionally, the BTG community agitated on the fact that nearly 100,000 BTG tokens were already premined. The Bitcoin Gold was created in line with Satoshis vision of One-CPU-one-vote with an aim to reduce the dominance of asic miners, and give power equally in the hands of all. In May, Bitcoin Gold experienced the so-called 51 or double-spend attacks with 18 million worth of BTG stolen from several exchanges.